Personal Finance Quick Check

1 of 41 of 4 Items
Question
What is financial literacy?(1 point)
Responses

the ability to understand how to make sound financial choices so you can confidently manage and grow your money
the ability to understand how to make sound financial choices so you can confidently manage and grow your money

the financial management that an individual or a family unit performs
the financial management that an individual or a family unit performs

the shift in the structure of an economic system
the shift in the structure of an economic system

the money that a person, a region, a country, etc. earns from work, from investing money, from business, etc.
the money that a person, a region, a country, etc. earns from work, from investing money, from business, etc.

The correct answer is: the ability to understand how to make sound financial choices so you can confidently manage and grow your money.